Mining

Traxys signs antimony supply deal with Oman’s SPMP

Luxembourg-based Traxys Europe has signed contract with Oman’s Strategic and Precious Metals Processing (SPMP), a partnership that is aimed at supplying antimony-gold concentrates to the Oman Antimony Roaster (OAR), which is being constructed in the freezone of the SOHAR Port

Alara Resources signs off-take agreement for Oman’s copper mine

Alara Resources Limited, an Australian minerals exploration company with projects in Saudi Arabia and Oman, has signed an off-take agreement for the supply of copper concentrate from Al Hadeetha Project in Oman’s Washihi Reserve

Iran signs US$1bn zinc mining deal

Iran has signed a US$1bn deal with private investors to develop Mehdiabad, one of the world’s largest zinc mines, which it expects to come on stream in the next four years and produce 800,000 tonnes of zinc concentrate per year

Battered by price storm, MENA still taps prospects

Global mining activity is struggling to recover from its downturn at the start of 2015 and last year’s depressed metals prices, combined with falling demand in China and the rest of the key world economies, has led to fears in some quarters that the bottom of the cycle may not be reached in 2016